OCR Text |
Show Tim ks cnnnot refrain from treating the subject its one calling for general con-gruinlation. con-gruinlation. Jt ban long been felt that this city ought to lie one of the most prominent reduction points in the country, coun-try, and the organization of this company com-pany is au assurance thai, the destiny of the place Is to be realized. Those who have encased themselves in cocoons and refused to believe that mining was of any particular importaneo to Sail Lake will soon hoo how sadly they were mistaken. With this timelier running; with the mines at liingham sending out a thousand tons of ore d aily, and with increased activity in every mining camp of the territory. I (!o say nothing of the results to follow 1 the opening up of the Deep Creek section) sec-tion) we will see more real wealth pouring into the lap of this fatored city in one year than it has ever known in live. THE h.Mtl.TKIt I'llOJfcXT. The announcement of the organization organiza-tion of the New York Mining and Smelting company is one of the most Important items of news in reference to Utah's mining industry that has ever fallen upon the ears of this people. The jil.ins of the company embrace the erection erec-tion of an immense smelting plant in this valley. If the project went no farther than the development of the liingham mines, adding thousands of tons monthly to the ore output of the territory, and giving employment to hundreds of men, it would be a matter of greatest public interest, but its importance im-portance is increased by the fact that au immense smelting plant is in contemplation. con-templation. It is slated that the works to to put in will rival the Omaha tt Grant establishment that has dona so much for the city of Denver. This " atatetneut is made, too, by gentlemou who know just what they are talking about, who know what the smelting facilities are, and who are able to carry through any enterprise that they under- take. This means that Salt Lake will be made a great smelting center; that j this will be one of the leading ore markets of the country; that the cost of reducing ores will be so reduced that s tha miners will receive greater profits, ) and that the mining industry will be stimulated in every section. It also means that tens of thousands of dollars will be expended here for wages, and that the general business of the city Will be largely increased. One such enterprise will bring others, and tither industries will spring up in connection with them. The fuel t and the fluxes for tha furnaces will have to be provided and employment will be furnished to an army of men at different points in this vicinity. Tho benefits to accrue to bait Lake Cannot be overestimated aud Xiit |